Fundamental Analysis

Equities End Flat Amid Debt Ceiling Woes, Support from Nvidia

Worries over opposition to a debt ceiling increase pressured equities on Equities, resulting in a mixed closing on Tuesday. However, the market received support from a surge in Nvidia shares, briefly propelling the chipmaker’s value to $1 trillion, a rare achievement. The S&P 500 index closed with minimal change but remained close to its highest Read More…

COVID-19 Revives Ultra-Safe European Bonds
Technical Analysis Trading Psychology Trading Tips

T-Bond futures target hit for maximum profit and how to read capitulation candles

Recap from last weeks trade On May 2nd, we looked at taking a short trade that has now hit the maximum target. It was a very simple position where we took a short as the market refused to push through a resistance zone. Trading can be very simple if we use the correct mindset, manage Read More…

what to look out for when watching a stock
Fundamental Analysis

Equities Decline, But Debt Ceiling Optimism Lifts Wall Street Futures

European equities experienced slight declines on Monday, while Eurozone bond yields decreased. However, the news of a debt ceiling deal in the US over the weekend maintained positive sentiment for Wall Street futures. US President Joe Biden and top congressional Republican Kevin McCarthy agreed on Saturday to raise the federal government’s $31.4 trillion debt ceiling Read More…

what to look out for when watching a stock
Fundamental Analysis

Currency Futures End Lower as Dollar Posts Third Week of Gains

Currency futures fell as the dollar gained for the third consecutive week on Friday due to increased expectations of higher interest rates and ongoing discussions about the US debt ceiling. Talks between President Joe Biden and top congressional Republican Kevin McCarthy showed some progress and calmed investors. However, doubts remained about the timing of an Read More…

Technical Analysis

E-mini S&P 500 futures finally break out, further upside likely

Recap We have been tracking the inverted head and shoulders for a while in ES. Finally, it looks like price is breaking above the neckline, which is a great sign for the bulls. Please look at the previous article’s charts for reference if you have not been keeping up to date with the analysis. Below Read More…

gold futures
Fundamental Analysis

Gold Plunges to 2-Month Low Amid Progress in Debt Ceiling Talks

Optimism surrounding the US debt ceiling talks and strong economic data exerted downward pressure on gold, pushing it to a two-month low on Thursday. Safe-haven demand for bullion diminished as US President Joe Biden and top congressional Republican Kevin McCarthy neared a potential agreement to cut spending and raise the debt ceiling. The progress in Read More…

Crude oil (CL) futures
Fundamental Analysis

Oil Rallies on Crude Stocks Draw, Saudi Minister’s Warning

Oil prices increased by 2% on Wednesday due to a significant and unexpected decrease in US crude inventories. The Saudi energy minister’s warning about potential OPEC+ production cuts further contributed to the rise.  The Energy Information Administration on Wednesday reported a substantial weekly drawdown of 12.5 million barrels, bringing US crude inventories to 455.2 million. Read More…